News

After qualifying for $3.4 billion in U.S. bailout cash last week, The Hartford said yesterday it will not be selling its property-casualty, group benefits and life insurance businesses.

ACORD held its first ACORD Certified Expert (ACE) exam during the 2009 ACORD LOMA Insurance Systems Forum held this week in Florida. This first exam focused on ACORD Standards, development, and

Wholesale brokers are in a prime position to grab new business when a revived economy begins producing start-up companies that standard line carriers won't insure, a trade group leader advised here.

Three-quarters of U.S. consumers prefer buying insurance products through agents and other trusted sources, but younger and higher-income consumers are more inclined to buy products via the Web, a survey has found.

Fifty-five percent of executives at global companies said they have plan in place to manage pandemic risk and have activated it in response to the outbreak of the H1N1 "swine flu" virus variation.

A defense firm that lost a court bid to have St. Paul defend it against suits by former Iraqi prisoners alleging its employees tortured them would not comment yesterday on whether it would challenge that decision.